Why are we so sensitive to some of these negative remark!!! For all you know most of them don’t own any Hengyuan. They are a bunch of loser jealous of others.Just ignore them!! Tks to probability, otb and others for the input.!! All the info facts and figure really help and we can judge before we invest.
unbelievable yet so many dumbaxx think rm6 above is a good entry price... for God sake... never learned. how many times one has to tell never chase high.. sentiment is the key!
Just ignore this jerichomy dog, just let him bark doesn't need to reply any message. Let the dog barking with the wind,maybe HY owe him money or could lose all coffin money to hy....
Fears of further disruption to Russian oil supply are likely to continue supporting premiums, after the European Union agreed on Monday to cut 90% of oil imports from Russia by the end of this year.
90% gonna disrupt the ecosystem of oil distribution and this definitely gonna spike the price of crude oil higher perhaps more than $120. This is not only about investment but jeopardizing the ecosystem. Hmmm
Don’t bullsh*t about HY profits! Chinaman will not declare higher profits and pay the extra tax to Malaysia government! How? Perhaps by commodity swap, swap the profits back to China!
WTI crude futures bottomed around $115 per barrel, a dramatic reversal from its daily highs of nearly $120 as investors reacted to headlines suggesting that OPEC is considering suspending Russia's participation in the cartel, which could pave the way for other producers to pump more crude into markets. The market movement contrasts with the bullish sentiment seen during most of the session after EU leaders reached an agreement to ban 90% of Russian crude by the end of the year. The embargo covers Russian oil brought in by sea while keeping a temporary exemption for pipeline crude to appease countries such as Hungary, which opposed a total ban. Still, WTI crude recorded a sixth straight month of gains, the longest winning streak in more than a decade amid tight supplies due to the Russian invasion of Ukraine at a time when economies were raising consumption following the relaxation of coronavirus-induced restrictions.
High energy cost will destroy economy recovery and without economy recovery people will have less money to spend, travel, invest and etc. The good balance is for crude oil at USD75 - 100 per barrel and crack spread between USD 15 -25 per barrel.
Foreign funds participation in KLSE yesterday at 67% Retail net sold 37 millions shares should include Hengyuan at opening RM6.00 so who is buying yesterday at RM6.00? Foreigner or local institution?
I hope i3 members here truly develop some intelligence on the fundamentals and dynamics of these crack spread and its importance to bottom line of these refineries
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
searchingmoney
246 posts
Posted by searchingmoney > 2022-05-31 18:57 | Report Abuse
you never drop by say hi